| All rights reserved - Core Position Trading, LLC-2021 | ||||
 | NEW WEEKLY CCW TRADE | |||
| Covered Call Weekly Trade Expires less than 30 days | ||||
| NEW Covered Call position was opened on | ||||
| TIME AND DATE STAMP | Friday, March 26, 2021 | |||
Draft Kings |  | |||
| DISCLAIMER: This trade is based on this date. I'm not suggesting a move up or down. I'm showing my trade that I have already done. I'm not recommending this stock as a purchase/trade. Think of it like this, I'm 'Showing you the World thru my Eyes'. | ||||
| My brief explanation for this trade and how it closed | ||||
| MINDSET WHEN OPENED - Below I explain why I did this trade | ||||
| CCW - Being a 2 week CCW with a strike price at my cost basis ... just looking to make this $770 Krum and either do it again or move on having my shares taken... either or is just fine for me | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| Trade is OPEN - I will add commentary when this trade closed | ||||
| This (14) day trade begins and ends for the dates below | ||||
| 14 | March 26, 2021 | April 9, 2021 | ||
| MAX PROFIT Shares + Premium (shares are taken) | ||||
| MAX PROFIT | STOCK GAIN | OPTION GAIN | DIVIDEND? | CASH ON CASH % |
| $770.00 | $0.00 | $770.00 | $0.00 | 1.13% |
| PREMIUM PROFIT Only (shares are not taken) | ||||
| PREMIUM ONLY | OPTION GAIN | DIVIDEND? | CASH ON CASH % | |
| $770.00 | $770.00 | $0.00 | 1.13% | |
| Trade Breakdown IF my shares are taken | ||||
| COMPANY | SYMBOL | SHARES | STOCK PRICE | STRIKE |
| Draft Kings | DKNG | 1000 | $68.00 | $68.00 |
| PREMIUM RECV | PREM PROFIT | SHARE GAIN | CASH PROFIT | CoC% GAIN |
| $0.77 | $770.00 | $0.00 | $770.00 | 1.13% |
| Selling Premium Education Corner (definition and links) | ||||
| Covered Call - Description - A covered call is a financial market transaction in which the seller of call options owns the corresponding amount of the underlying instrument, such as shares of a stock or other securities. ... writing - i.e. selling - a call generates income in the form of the premium paid by the option buyer. Source - https://en.wikipedia.org/wiki/Covered_call | ||||
| Disclaimer - Yes - at the time of this posting I do own shares. I am by no means recommending this stock for purchase | ||||
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